Member Info for Beanup

Past history aside, Sterling at 35p over the past year provided a good baseline for going forward whilst awaiting newsflow. Cameroon drill came as more than a pleasant surprise and has effectively raised the bar. Need a catalyst in Cameroon if my BLVN shares are anything to go by. Enjoy the ride

Quiet site on LSE, not a Day Traders universe. NAS has been one of my long term holds for years with significant funds accumulated, Cyclical but certainly a top performer along with Scottish Oriental IT, another of my long term holdings. They have certainly outperformed any Oil E & P in my portflio, many of which are showing significant losses over the year. Just shows what happens when you change your stance to speculating on AIM !!! Keep the faith in investment Trusts

Potential is there, so certainly wouldn't advise baling. Personally I have been aquiring in mid 30's, which appeared attractive. I'm in a similar position with TRAP, way over the top on holdings and locked in - but again with capital roughly equating to market cap, it also has potential. Keep the faith !!

Nice to see a big rise in Igas shares this morning - hopefully Trap have not schemed these away.

Guess we shouldn't of ruminated about it !!!!

Q3 Surprise intended to be drilled 90% working interest - likely cost £27.6m. Q4 West Brule to be drilled 40%working interest, 6% carried - likely cost £19.5m. Trap had £13.1m cash plus a tranche of Igas shares in Oct, with circa £1.2m per month off Athena. Capital Exp likely at £2m p/a going forward. News to come on farm outs as surely this lot cannot be contemplating further dilution with how they have managed the SP.

PMG - £7m for 20% Trap renegotiated lower effective aquisition for £17.6m in May 2013 taking into account accrued oil royalties etc Trap presently banking around £1.2m per month since P4 Well pump failure with 15% reduction from field. No further news on amount of water cut Athena Recoverable Oil - 14.3 - 26.1 Million Barrels - take your pick 1st Year to June - 3.6m barrels recovered 2nd Year to June 014 - 2.5m barrels ??

Nice to see Total now buy a further tranche of Valleys. All we need now is a defined spud date !!

SOS, Back page of business section, Cryptic comment re 4.2 m sale of assets and no movement in share price except downwards. Nice earner for directors as the company only employs 14 people, 8 of which are directors, £5.7m salary bill in last two years. "Life's a gas at trap oil" that's the header , guess they mean at director level. Personally hurting on this one, good to see thoughts are reflected by others, which will hopefully see a revival 2014

Nice to see a paragraph in the Sunday times re trap oil. Mayhap the directors will read, although I doubt they will feel any shame over the content. Suffice to say, milking wages and bonuses is order of the day on aim, a successful business is not part of the business model

Success looks imminent on Cormorant Alpha - Water Injection Riser now being inserted into J tube and hung off shortly

Bit late for this share - WI riser due to be installed tomorrow from Skandi Achiever

Thats now a pretty positive statement, increase to 25% in the Odewayne Block. lets hope Genel / Sterling have read the tea leaves correctly. now all we need is Cameroon to settle the border dispute and Murphy Oil to announce drilling. Building up nicely for 2014

Further news today that Exxon have received the go ahead for continuing their Madagascar activites. Sterling mentioned as a partner.

Not related, Fourteenhundred and wish I received free options as a Director as many do for achieving the square root of **. SEY I have accumulated on dips below 36p, so amazingly, in the blue - unlike some of my other holdings, SQZ,TRAP where long term holdings have progressively led to relatively large red positions, even with averaging down. Keep the faith, AIM, especially E & P will have its day once quantative easing closes

75m is only chicken feed when it comes to Offshore Drilling. This is an astute Management team, working towards a goal once Cameroon/Madagascar delays are resolved. Capital reserves are best maintained, as no one likes dilution due to Company requiring funds. This one is not for Players, but patience should reward position holders eventually

Did I hear this morning that the Madagascar elections are due in 4 days.

Must be time for these Directors to re issue a large tranche of Share Options to themselves, seeing as most are now worthless at these levels. It amazes me that rewards are re assessed relative to SP to focus Directors efforts. Fundementals have changed here after Lybster, Knockinnon, Trent East and now Crazy Horse. No drilling on horizon and single focus now Athena. 700,000 of these at 17p average is not a good place to be - still holding but now looks a trading play

Duh! I hate to think I will follow this all the way down, similar to my Trap Oil share holding (500k). Showing a loss as you would expect. Time to sit on my hands

Understand your frustration, to put a positive stance on the situation, the time element is not really going to the right, rather a lack of informative news. Took the opportunity myself to top up today, couldn't resist. Could be wrong, but pending methinks